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What risks were taken by SVB? From what I understood, all the investments were in very safe ones.
by yibg 4y ago
What risks were taken by SVB? From what I understood, all the investments were in very safe ones.
- chitowneats 4y agoThey were supposedly safe. Misconceptions exist everywhere in business and finance. Silicon Valley's entire modus operandi is about "disrupting" industries that feel their business models are safe. They were in fact not safe. The bank no longer exists after failing to cough up depositors' cash.